The Founder Institute is launching dedicated programming to support blockchain startups in Toronto.
The Blockchain Founder Syndicate is being run in partnership with Decentral, a hub for blockchain startups overseen by Ethereum co-founder Anthony Di Iorio. The goal of the program is to help launch over 20 promising companies that leverage blockchain by 2019, providing mentorship and access to over $2 million in partner deals and resources. Some startups will have the opportunity to receive a Decentral Fellowship, allowing them to participate in Decentral for free.
The goal of the program is to help launch over 20 promising companies that leverage blockchain by 2019.
“Decentralized technologies will lead to a new era of value, but many blockchain entrepreneurs lack the resources they need to grow and thrive,” said Di Iorio, founder and CEO of Jaxx and Decentral. “The Blockchain Founder Syndicate empowers and unites the next wave of blockchain businesses to seize the power of decentralized technologies.”
The Blockchain Founder Syndicate will be co-lead by Kyle Collier, founder of Phaze.io, and Ryan Micheletti, director of global operations for the Founder Institute. The Blockchain Founder Syndicate will run alongside the standard Toronto Fall 2018 Founder Institute cohort, and will provide dedicated resources to the blockchain founders in the program. The Founder Institute program, which was launched by current Techstars managing director Sunil Sharma, has been running for the past four years.
“Toronto has been recognized worldwide as a global centre for cryptocurrency development and blockchain technologies, and is home to many world-class companies including Decentral, Coinsquare, Polymath and many more,” said Toronto mayor John Tory. “It is only fitting that Founder Institute selected Toronto to be the first city in the world to launch a vertical pre-accelerator program focused on blockchain technology.”
The final deadline for applications will be on October 14 2018, and the program will run from October 22, 2018 to January 28, 2019. Applications are open here.